by Michael Toedt | Aug 24, 2023 | Blog
Dr. Michael Toedt, war zu Gast im Podcast “IT &TECH”! Im Gespräch geht es unter anderem um den Einfluss der Provisionen von Online Travel Agents auf die Hotelprofitabilität und wie diese Abhängigkeit durch ein zentrales Gastprofil deutlich reduziert...
by Michael Toedt | Aug 24, 2023 | Blog
With the traditional hotel budget season now underway, it is time to make your investment decisions for 2024. But which tools will you be using to help you make those all-important choices? Perhaps an Online Reputation Management (ORM) tool such as Revinate or...
by Michael Toedt | Jun 14, 2023 | Blog
In today’s digitized age, Big Data means Big Money. This is why the stock market values of Online Travel Agents (OTAs) are many times that of even the biggest hotel group, even though none of them owns a single hotel. To give an example, the parent company of...
by Michael Toedt | Apr 5, 2023 | Blog
In today’s digital world, Big Data = Big Business. And, for hotels, the lack of Big Data is the number one reason why they are losing so much business – and so much revenue as a consequence – to Online Travel Agents (OTAs). It is a sad fact that in terms of...
by Michael Toedt | Mar 22, 2023 | Blog
The roots of the Property Management System (PMS) stretch all the way back to 1947, when Westin introduced the very first reservation system, Hoteltype. In 1958, this was followed by Sheraton’s Reservation: the first automated booking system, inspired by developments...